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Informist, Friday, Nov. 7, 2025

 

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--Bajaj Auto Jul-Sept net profit INR 24.80 bln 
--Analysts saw Bajaj Auto Jul-Sept net profit at INR 24.81 bln 
--Bajaj Auto Jul-Sept revenue INR 149.22 bln 
--Analysts saw Bajaj Auto Jul-Sept revenue at INR 147.20 bln 
--Bajaj Auto Jul-Sept net profit INR 24.80 bln vs INR 20.05 bln year ago 
--Bajaj Auto Jul-Sept revenue INR 149.22 bln vs INR 131.27 bln year ago 
--Bajaj Auto Apr-Sept net profit INR 45.76 bln vs INR 39.93 bln year ago 
--Bajaj Auto Apr-Sept revenue INR 275.07 bln vs INR 250.55 bln year ago 
--Bajaj Auto Jul-Sept EBITDA INR 30.52 bln vs INR 26.53 bln year ago 
--Bajaj Auto Jul-Sept EBITDA margin 20.5% vs 20.2% year ago
--Bajaj Auto: Surplus funds at INR 142.44 bln as on Sept 30

 

By Anjana Therese Antony and Sunil Raghu

 

MUMBAI – Growth across business verticals pushed Bajaj Auto Ltd.'s bottom line growth to its highest level in six quarters in Jul-Sept, largely in line with expectations. Its revenue growth was the fastest in four quarters and beat the Street's estimates by a slight margin. Its operating margin for the reporting quarter increased on year due to favourable movement in currency and operating leverage. 

 

For the quarter ended September, the Pune-based company posted a near 24% on-year growth in net profit to INR 24.80 billion, largely in line with analysts' expectation of INR 24.81 billion. Its revenue increased 14% on year to INR 149.22 billion, higher than the expectation of over INR 147 billion. Sequentially, too, these metrics grew, with the bottom line rising 18% and the top line increasing 19%.

 

Bajaj Auto reported its earnings before interest, tax, depreciation, and amortisation, or EBITDA, for the September quarter at INR 30.52 billion against INR 26.53 billion a year ago. It reported the EBITDA margin of 20.5% against 20.2% a year ago, a jump of 30 basis points, mainly on account of favourable currency conversion realisation and operating leverage, which offset the net cost inflation, higher spends to drive brand preference and research and development investments, Bajaj Auto said.

 

In the latest quarter, Bajaj Auto's total expenses grew 13.32% on year to INR 119.96 billion. Of this, other expenses were INR 10.12 billion, up 39% on year. Raw material costs increased 11.41% on year to INR 97.18 billion. The company said that as of Sept. 30, its balancesheet has surplus funds of INR 142.44 billion, after distributing INR 58.64 billion to shareholders as dividend and infusing over INR 20 billion to partly fund KTM Austria transaction and ramp up Bajaj Auto's credit business.

 

"Domestic business delivered record revenue as stepped up growth on premium bikes and double digit growth on commercial vehicles led the way," Bajaj Auto said in a statement. The company added that the cut in goods and services tax rates for automobile sector and festive sentiment together provided a filip to the season upswing. The company said that electric vehicles were limited by supply but have added over INR 100 billion of revenue in the last two years.

 

Motorcycle volumes in India grew in double digits on a quarter-on-quarter basis, driven by the sport segment particularly at the top end, the company said. The revenue share of electric vehicles in total domestic revenue increased to over 20%, higher than the early-teens share a year ago. The growth in electric vehicles was despite the supply disruption arising from the unavailability of rare earth magnets, which started to surface later in the quarter, Bajaj Auto said. Retail volumes of the electric Chetak more than doubled year-on-year during the quarter.

 

The exports saw an accelerated momentum of 35% year-on-year across the regions and two- and three-wheelers. "Milestone quarter led by strong double digit growth in Africa and Asia and LATAM (Latin America)," Bajaj Auto said. "...an encouraging uptrend on three-wheelers across markets has triggered capacity expansion to feed this demand."

 

For Apr-Sept, Bajaj Auto recorded a net profit of INR 45.76 billion, compared with INR 39.93 billion a year ago. Its revenue for the first six months of FY26 stood at INR 275.07 billion, compared to INR 250.55 billion a year ago. On Friday, shares of Bajaj Auto closed flat at INR 8,721.50 on the National Stock Exchange.  End

 

Edited by Akul Nishant Akhoury

 

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